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<p class="MsoNormal"><span style="font-size:11.0pt">Please ignore my prior email! My apologies!
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Here is my question. Appreciate any help!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">In essence, are escalating clauses from leases dated before 1975 permitted
<b>after 1988</b>? <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">The case law is clear about pre-1988 escalations – prohibitions on them are an impairment of contract. But the case law seems less clear about whether they are prohibited post-1988.
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<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Has anyone had experience with this and knows if there is a clear answer?
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Many thanks!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:Roboto;background:white;mso-ligatures:none"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">ANNE Q. POLLACK | SENIOR COUNSEL</span></b><span style="font-size:11.0pt;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">(She/Her)</span><span style="font-size:11.0pt;font-family:Roboto;mso-ligatures:none"><br>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">TRENAM LAW</span></b><span style="font-size:11.0pt;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">Dir: </span><span style="font-size:11.0pt;font-family:Roboto;mso-ligatures:none">727-820-3989<span style="color:black;background:white"> |
Cell: </span>727-409-4371<br>
200 Central Avenue, Suite 1600, St. Petersburg, FL 33701<br>
<br>
<span style="color:black;background:white">Main: </span><span style="color:#0078D4">727-896-7171</span><span style="color:black;background:white"> | </span></span><a href="http://www.trenam.com/"><span style="font-size:11.0pt;font-family:Roboto;color:#0078D4;mso-ligatures:none">www.trenam.com</span></a><span style="font-size:11.0pt;font-family:Roboto;mso-ligatures:none"><br>
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</span><span style="font-size:11.0pt;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">WIRE FRAUD ADVISORY: Due to the increased risk associated with wire fraud and e-mail hacking and phishing attacks, in the event you receive
an e-mail from Trenam Law containing wire transfer instructions, please call Trenam Law using previously known contact information and NOT</span><span style="font-size:11.0pt;font-family:Roboto;mso-ligatures:none"><br>
<span style="color:black;background:white">information provided in the email, to verify the information contained in the wire transfer instructions prior to wiring funds.</span><br>
<br>
<span style="color:black;background:white">CONFIDENTIALITY NOTICE: This e-mail transmission, and any documents, files or previous e-mail messages attached to it may contain confidential information that is legally privileged. If you are not the intended recipient,
or a person responsible for</span><br>
<span style="color:black;background:white">delivering it to the intended recipient, you are hereby notified that any disclosure, copying, distribution or use of any of the information contained in or attached to this transmission is STRICTLY PROHIBITED. If
you have received this transmission in error,</span></span><span style="font-size:11.0pt;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:Roboto;color:black;background:white;mso-ligatures:none">please immediately notify us by reply e-mail, or by telephone at the direct dial number above and destroy the original transmission and its
attachments without reading or saving in any manner. Thank you. </span><span style="font-size:11.0pt;mso-ligatures:none"><o:p></o:p></span></p>
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